Dev unpacks 10 myths about the stock market:

👉🏾 investing in the stock market is gambling
👉🏿 the stock market is only for rich people
👉🏻 buying a stock when it falls is always a good strategy
👉 the more stocks you own, the better it is!
👉🏼 gains and losses are considered equal
👉🏽 more risk means more returns
👉 a low stock price means it's undervalued
👉🏿 everyone needs a financial adviser
👉🏾 sequence of returns doesn't matter
👉🏼 dividend yield investing is always good
👉🏻 and a question from Nyasha who asks, "What is a wrap account?"

🛑 Please read our disclaimer + warnings before listening to this episode
Altus Financial is for medical professionals who want to feel good about their finances. Visit https://bit.ly/altusm3m

Episodes mentioned:
135 gambling vs speculation!
056 what are derivatives (financial)?
203 what is diworsification?
076 what are corporate actions?
077 what is price to earnings ratio (P/E)?
078 what is price to book ratio (P/B)?
028 what is sequence of returns risk?
031 what is dividend investing?
065 dividends vs distributions
102 what is a dividend reinvestment plan (DRP)?
061 what is a trust?

📝 Episode transcript: https://bit.ly/m3meptranscripts
🏡 Join our facebook group for healthcare professionals
💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.